Nasdaq Composite Breaks Down From A Bearish Pattern
ARTICLE SYNOPSIS...The Nasdaq composite broke down from a bearish head and shoulders pattern on both the daily and weekly pattern. It has returned from the upper end of its weekly range to continue trading in a consolidation range.
ARTICLE SYNOPSIS...The Nasdaq composite has been trading sideways ever since its sharp drop in April. A question dwelling on most minds is "When is the Nasdaq going to resume its upward trend?"